Tesla Model 3, production is scheduled to begin in late 2017

Model 3 combines real world range, performance, safety and spaciousness into a premium sedan that only Tesla can build. Most affordable car yet, Model 3 achieves 215 miles of range per charge while starting at only $35,000 before incentives. Model 3 is designed to attain the highest safety ratings in every category.

Reservations for Model 3 begin on March 31st worldwide.  There are two ways to make a reservation. The first, which will allow you to get a better spot in the queue, is to visit your local Tesla store when it opens on March 31st.  The second is to make a reservation online at Tesla.com when the live unveil starts at 8:30pm PT.

In order to be as fair as possible, there will be a different queue for each region. And as a thank you to our current owners, existing customers will get priority in each region.

Model 3 production is scheduled to begin in late 2017. When production begins, we will begin deliveries in North America starting on the West Coast, moving east. As we continue to ramp production, we will begin deliveries in Europe, APAC and right-hand drive markets. It is not possible to ship to all regions simultaneously because regulators in each part of the world have slightly different production requirements. Staggering deliveries in this way also allows us to provide the best possible customer experience.

With an additional day and a half, Saturday's total of 276,000 has likely crossed the magic 300,000 mark by now unless the pace has suddenly slowed to a crawl. And that clearly caught even Tesla off guard, with Musk tweeting that the company would have to rethink its production plans for the 215-mile, $35,000 electric car that won't hit the roads for almost two years under a best-case scenario. Musk promised one more report on reservation totals, this one to come exactly a week after the Thursday evening introduction.

Not all of those reservations will convert to actual orders, of course. But even if only half of them do, 150,000 Model 3s would amount to more plug-in electric cars than General Motors, Toyota, Ford, BMW, or VW Group has sold in more than five years. Only Nissan has sold more (slightly over 200,000 as of last month). The response over the weekend to the Model 3 totals was predictable but nevertheless fascinating to watch. Tesla fans and investors were ecstatic, proclaiming that the Model 3 was the breakthrough vehicle that electric cars had required to enter the mainstream market.

Some went as far as to suggest that the Tesla Model 3 of 2018 would be just as revolutionary as the first Ford Model T, introduced 110 years before in October 1908.

215 miles - Range per charge

Under 6 seconds - Zero to 60 mph

Seating for - 5 Adults

5-Star Safety Rating - In all categories

Autopilot Safety Features

Supercharging - Capable